Job market swings over the past few years have dampened the motivation of many workers and led to a decline in productivity. Economists say that could have a profound effect on the country's well-being.
Brian Bouser, 22, says his recent experiences in the workforce have prompted him to go into business for himself.Brian Bouser, 22, says his recent experiences in the workforce have prompted him to go into business for himself.All of the quiet quitting rolling through the country is starting to make some real economic noise.— it seems people are not producing as much in the hours between clocking in and clocking out each day.
An economic ennui has settled in among workers after the experiences of the last few years, said Julia Pollak, chief economist with ZipRecruiter, and that ennui is showing up in the numbers. The result: This year, productivity — the measure of how much stuff companies produce for each hour we work — has seen the biggest drop on record.
Japan, for example, has seen a years-long drop in productivity due to a population decline. The result has beenEnnui can create a very bad cycle that is hard to turn around, said Pollak. Productivity, then, may continue to decline.
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